World News

$30bn Required as Financial Institutes Partner to Provide 300m Africans Electricity The World Bank and African Development Bank (AfDB) have struck a partnership arrangement to...

Saudi Arabia Achieves 27M Foreign, 77M Domestic Tourists Targets in 2023 Saudi Arabia has surpassed its 2030 tourism goals with record-breaking figures for 2023. According...

Nigeria Oil Output Drops 6.8% to 1.23 mbpd as Libya Emerges Africa's Highest Producer Libya has emerged as the highest crude oil producer in Africa...

Oil Demand to Grow by 2.2 million Barrel Daily – OPEC The Organisation of Petroleum Exporting Countries (OPEC+) has further extended its oil production cuts...

Nigeria, Ethiopia, Others Record Fastest Rise In Food Inflation – World Bank Nigeria, Ethiopia, Malawi, Sierra Leone, and Zimbabwe are the sub-Saharan African (SSA) countries...

Crude Oil Price Hits $91 per Barrel  Brent Crude price has surpassed the $90 per barrel threshold and surged past the $91 per barrel mark...

Production Quota Unchanged as Crude Oil Prices Near $90 per Barrel – OPEC+ The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting...

Donald Trump's Net Worth Drops by $1 Billion a Year According to a report by Bloomberg, the net worth of former U.S. President Donald Trump...

Nigeria, Iraq Reduced Oil Exports Plunge OPEC Output The Organisation of Petroleum Exporting Countries, OPEC, saw a decrease in oil output due to Nigeria and...

Saudi Arabia Foreign Direct Investment Hits $3.49 Billion in Q4 2023 According to the Saudi General Authority of Statistics, Saudi Arabia has seen a significant...

Saudi Invests SR375m Annually on Tourism Skills for Citizens Tourism Minister Ahmed Al-Khateeb, has said that Saudi Arabia has been investing SR375 million annually to...

Saudi Invests SR375m Annually on Tourism Skills for Citizens Tourism Minister Ahmed Al-Khateeb, has said that Saudi Arabia has been investing SR375 million annually to...

UK DFI Supports African Food Security, Trade With $100m Facility A UK’s Development Finance Institution (DFI), British International Investment (BII), and impact investor has announced...

Saudi Arabia's Non-Oil Revenue Surge to 50% of GDP According to a recent report from the Saudi Ministry of Economy and Planning, non-oil revenues in...

Saudi Arabia Pledges $40 Billion Investment in AI Sector Saudi Arabia's Public Investment Fund (PIF) is planning to create a fund of approximately $40 billion...

Elon Musk Reclaims Title of Richest Person in America Tesla founder, Elon Musk is the wealthiest person in America again, after surpassing Amazon’s Jeff Bezos,...

Elon Musk Reclaims Title of Richest Person in America Tesla founder, Elon Musk is the wealthiest person in America again, after surpassing Amazon’s Jeff Bezos,...

Russia-Ukraine War: Wheat Import to Africa Hits $20b As the war between Ukraine and Russia lingers, the cost of Africa’s dependency on wheat importation from...

Dangote's Business Deft Led to Honourary Recognition in Senegal – Speaker Abbas The speaker of the House of Representatives, Abbas Tajudeen said the honourary conferment...

WPRF Shortlists Six African PR Agencies among Finalists for World Public Relations Awards in India